New CBN data shows Nigerians spent a staggering $1.39bn on overseas education in just six months of 2025 — even as the country earned nothing from...
The Central Bank of Nigeria has declared that Zuldal Microfinance Bank Limited is operating illegally without any licence or approval, urging Nigerians to avoid all dealings...
Nigeria’s foreign exchange reserves have surged past $46 billion, marking the highest level since 2018, according to CBN Governor Olayemi Cardoso.
The Socio-Economic Rights and Accountability Project (SERAP) has issued a 7-day ultimatum to CBN Governor Olayemi Cardoso to account for over N3 trillion allegedly missing....
The Central Bank of Nigeria (CBN) has published the latest savings deposit rates for Deposit Money Banks and Merchant Banks, reflecting the current Monetary Policy Rate...
The Central Bank of Nigeria (CBN) has assured that Nigeria’s open banking framework will go live soon.
Despite a surge in market liquidity last week, the Central Bank of Nigeria (CBN) maintained an aggressive liquidity mop-up to curb inflation and stabilize the naira...
The Central Bank of Nigeria (CBN) has issued a draft guideline mandating banks to refund customers for failed ATM transactions within 48 hours.
The long-awaited return of dollar transactions on naira cards marks a major shift in Nigeria’s financial landscape...
“Nigerians are having greater confidence in their own currency,” CBN Governor Olayemi Cardoso said Tuesday, citing a shift in preference from dollars to naira amid ongoing...
